| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.2K | 3.9% | 4.8% |
| Total Income | 1.2K | 3.9% | 4.8% |
| Expenditure | 1.1K | 0.1% | 7.0% |
| PBT | 74.00 | 39.8% | 45.1% |
| Net Profit | 53.00 | 40.5% | 43.2% |
| OPM | — | ||
| NPM | 4.50% | 2.76pp | 1.51pp |
| EPS | 1.16 | 39.0% | 50.6% |
TriNet Announces Second Quarter 2026 Results & Raises FY26 Earnings Guidance
30 Jul 2026 · 30 Jul, 5:01 pm
Summary
TriNet Group, Inc. announced its second quarter 2026 financial results, reporting a 5% decrease in total revenues to $1.2 billion year-over-year. However, the company saw significant improvements in profitability, with net income rising 50% to $1.15 per diluted share and adjusted net income growing 35% to $1.55 per diluted share. Adjusted EBITDA increased by 22% to $128 million, with the margin expanding to 10.9% from 8.5% in the prior year's quarter. Management raised the full-year 2026 earnings guidance, citing progress in delivering on their plan, improved bottom-line performance, and strategic initiatives like AI investments driving better service experiences.
Key Highlights
- 1
For the second quarter ended June 30, 2026, TriNet Group, Inc. reported total revenues decreased 5% to $1.2 billion compared to the same period last year.
- 2
Net income for the second quarter of 2026 was $53 million, or $1.15 per diluted share, a 50% increase from $0.77 per diluted share in the same period last year.
- 3
Adjusted Net Income for the second quarter of 2026 was $72 million, or $1.55 per diluted share, a 35% growth from $1.15 per diluted share in the same period last year.
- 4
Adjusted EBITDA for the second quarter of 2026 was $128 million, representing an Adjusted EBITDA Margin of 10.9%, compared to $105 million and 8.5% in the same period last year.
- 5
Average Worksite Employees (WSEs) decreased 11% year-over-year to approximately 298,000 in the second quarter of 2026.
- 6
The company raised its full-year 2026 earnings guidance, with projected total revenues between $4.75 billion and $4.90 billion.
- 7
Generated $88 million in Net cash provided by operating activities and $67 million in Free Cash Flow for the second quarter of 2026.
Management Comments
Mike Simonds
Our second quarter results reflect the progress we are making in delivering on our plan. We increased our retention, managed costs, improved our bottom-line performance, and raised our full year earnings guidance. We are gaining traction across several initiatives. We expect further sales-force growth, channel activity is increasing, and our AI investments are driving an improved service experience. As we look to the second half, we are well positioned for the fall selling season.
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